the idea behind crypto currency is for the coin to keep appreciating in value, i mean that's why investors invested their money in the first place, so one does not judge a coin by it current value, so there is no perfect time to invest in crypto currency because even at that price of $11000, there is still anticipation for price increment. So the best time to buy bitcoin is now. so buy.
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the only thing missing from achieving this is adoption, people are not aware of the crypto space, those that are aware are sitting by the window, they are indecisive and scared to take risk. well there is hope for crypto currency, definately, the world will go cashless with crypto currency. stay positive.
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bitcoin will have no enemies in the near future, i foresee a future where everyone is bound to trade and transact with bitcoin, i see bitcoin gaining mass adoption in the near future. let's be positive. let's spread the word about bitcoin.
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the both form of money are both very fine, one cannot uphold one over another, they are both suitable in their time, i mean 10 to 15 years back, before we started talking crypto currency, the centralized form of money was the known and acceptable form then, but now that everyone is talking cashless, then the centralized form of money can best fit in into this time.
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What would be your thoughts and prediction to what will happen in 5 years from now in Crypto?
Do you see higher values?
Do you see less projects?
Do you see a merger of many projects?
Tighter Regulation?
More acceptance?
Society in general?
these and more are what we hope to experience in crypto space, though one cannot categorically say when it will happen as they all will not come to pass in a single day, but hopefully in the nearest future, we should begin to see a more tighter and regulated crypto space, more adoption, project merger to accomplish a common goal, crypto currency price rise and so forth, let's just be positive and be patient.
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indeed blockchain will create a better world for us all if we will adopt it, offcourse the government wont give in easily to such a technology with a decentralized feature, the blockchain technology can change the way we vote in electoral process, the way we get medical care and even our educational system can greatly be influenced for the better with the blockchain technology.
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cryptocurrency is barely a decade, and terrorism is an old as mankind itself, so cryptocurrency shouldn't be viewed as a means of financing terrorism because even before the emergence of cryptocurrency, terrorism has already been financed globally.
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yes, the prices of altcoin are greatly dependent on bitcoin, bitcoin is more a medium of measuring altcoin, if for instance you want to invest or buy an altcoin, it is mandatory you convert your fiat currency to bitcoin before purchasing that altcoin. So definitely the price of bitcoin will determine the value of altcoin too.
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i have encountered some scammers on telegram, they offer to buy your coin at a very tempting price, after reaching a conclusion they ask you to send your coin to an address they will provide, claiming to send you bitcoin after receiving your coin, but they will never send your bitcoin after receiving your token, please let's be careful.
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For this, bitcoin has all chances, but this event, the worldwide adoption of bitcoin as a single currency, will not happen soon, at least 5 years from now. And we have to wait, watch and invest. And you think 5 years from now is not soon? how do you categorise the word SOON? Because to me 5 years from now is just like tomorrow. So it is happening soon. Bitcoin will soon be the world currency for transactions. Just don't be left behind.
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this is absolutely right, we need to look away from the get rich quick syndrome, and work as a team to make sure cryptocurrency sees the light of the day. We shouldn't feel relaxed untill your cryptocurrency in your wallet can solve real life issues. After then we can start looking the way of making money from crypto currency. Let's contribute to the success story of crypto currency.
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